Inspire Federal Credit Union of Pennsylvania ($116m assets) chooses Insuritas to launch insurance agency
Agency to launch in 90 days
EAST WINDSOR, CT (April 18, 2016) — Insuritas announced it has been chosen by Inspire Federal Credit Union to install their award-winning insurance agency solution for its members.
James M. Merrill President /CEO of Inspire noted: “Our members look to us to provide all the financial products and services they need in a one stop shopping solution that focuses on price, convenience, selection and service. We recognize that 100% of our members buy auto & home insurance every year – and we are perfectly positioned to be their trusted Agent. Insuritas will build, launch and manage our full service insurance agency and will offer all lines of insurance products to protect our members, their families and small businesses. The Insuritas digital agency platform will allow our members to instantly get insurance quotes every time they get a loan, get their insurance policy bill in the mail, or visit our online banking storefront.” Merrill concluded, “This commitment to insurance supports our core mission; ‘Growing trusted relationships while working together to build our members financial foundation.’”
Jeff Chesky, President and CEO of Insuritas, noted: “Inspire’s leadership wanted to provide a full suite of insurance products where members can come to shop, compare and buy insurance as a natural extension of their promise to serve their member and leverages the powerful brand equity and trusted relationships Inspire has created in their market. Chesky added “We will install our award winning E-InsuranceAISLE™, LoanINSURE® and SmartCART Technology℠ platforms, creating a virtual ‘Insurance Aisle’ inside the Credit Union that will provide a powerful source of recurring, value added, non-cyclical fee income while helping more members save time and money on insurance.”
Insuritas’ mission is to connect people to the insurance products they need through a seamless, transparent shopping experience in which carriers compete to provide them with the right coverage at the right price. Leveraging proprietary data-mining techniques and integrations through its BUNDLE brand, Insuritas offers a vast network of solutions to empower partners to operate their own labeled, full-service insurance agency. With Insuritas' data solutions, partners can generate expanded wallet share, increased retention, and recurring non-interest revenue. For more information, visit www.insuritas.com.
About Inspire Federal Credit Union
Inspire serves over 13,000 members who live, work or worship in Bucks County. Founded in 1936, Inspire delivers world class service to members and their families through their call center, on line services and their two service centers in Bristol and Langhorne, Pennsylvania. Inspire was voted the ‘Best of Bucks’ Credit Union in 2014 and 2015 by the Bucks County community and has $116 million in assets. Additional information is available at www.inspirefcu.org.